Find Family Support at Vet Centers â If you have served in ANY combat zone, local Vet Centers can help you and your family with readjustment counseling and outreach services â for free. Learn more about this OEF/OIF/OND benefit...
Par value. Par value is the face value, or named value, of a stock or bond. With stocks, the par value, which is frequently set at $1, is used as an accounting device but has no relationship to the actual market value of the stock.
It used to be that the par value of common stock was equal to the amount invested (as with fixed-income securities). However, today most stocks are issued with either a very low par value (such as $0.01 per share) or no par value at all. You might be asking yourself why a company would issue shares with no par value.